%0 Report %A Hanel, Barbara %A Riphahn, Regina T. %T Financial Incentives and the Timing of Retirement: Evidence from Switzerland %D 2006 %8 2006 Dec %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 2492 %U https://www.iza.org/publications/dp2492 %X We use reforms in the Swiss public retirement system to identify the responsiveness of retirement timing to financial incentives. A permanent reduction of retirement benefits by 3.4 percent induces more than 70 percent of females to postpone their retirement. The responsiveness of male workers, who undergo a different treatment, is lower. %K labor force exit %K social security %K incentives %K retirement insurance %K natural experiment %K Switzerland